AI English summary of an SEC filing — figures as filed
The Hershey Company HSYThe company said its Compensation and Human Capital Committee of the Board of Directors approved retention awards for Steven E. Voskuil, Jason R. Reiman and Deepak Bhatia on February 19, 2025.
Key points
AI summaryThe company said its Compensation and Human Capital Committee of the Board of Directors approved retention awards for Steven E. Voskuil, Jason R. Reiman and Deepak Bhatia on February 19, 2025.
Hershey said the awards were granted as contingent grants of restricted stock units (RSUs): 30,507 RSUs for Voskuil, 15,254 RSUs for Reiman and 12,203 RSUs for Bhatia.
The company said the RSUs generally vest if the recipient remains employed by the company through March 19, 2027, and may vest earlier upon termination by the company without cause or resignation by the executive for good reason.
The company said the awards were granted under the terms of a Notice of Special Award of Restricted Stock Units (Retention Equity), whose form the Committee approved on February 19, 2025, and filed it as Exhibit 10.1.
Summary
AI-writtenAnalysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Hershey Committee Approves Retention Awards for 3 Executives on February 19, 2025
The company said its Compensation and Human Capital Committee of the Board of Directors approved retention awards for Steven E. Voskuil, Jason R. Reiman and Deepak Bhatia on February 19, 2025.
Source · Based on the filing body and exhibits
Contingent RSU Grants by Executive, Including Voskuil's 30,507 RSUs
Hershey said the awards were granted as contingent grants of restricted stock units (RSUs): 30,507 RSUs for Voskuil, 15,254 RSUs for Reiman and 12,203 RSUs for Bhatia.
Source · Based on the filing body and exhibits
Employment Condition Through March 19, 2027 and Early Vesting Triggers
The company said the RSUs generally vest if the recipient remains employed by the company through March 19, 2027, and may vest earlier upon termination by the company without cause or resignation by the executive for good reason.
Source · Based on the filing body and exhibits
RSU Award Agreement Form Approved; Exhibit 10.1 Attached
The company said the awards were granted under the terms of a Notice of Special Award of Restricted Stock Units (Retention Equity), whose form the Committee approved on February 19, 2025, and filed it as Exhibit 10.1.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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